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MMAN Advocates

Court of Appeal Sounds Warning to Kenyan Banks Over Title Deed Forgery Syndicate

The Commercial Bank of Africa Ltd ( CBA ) has obtained a conservatory order at the Court of Appeal in Nairobi ( the Court ) restraining the Cooperative Bank of Kenya Ltd ( Co-op Bank ), Equity Bank Ltd ( Equity ), the Chief Land Registrar and other named Respondents from disposing or dealing in any way with a property in Riruta ( the Property ) pending the hearing and final determination of an intended appeal from the decision of the Environment & Land Court allowing Co-op bank to exercise its statutory power of sale as a first chargee of the Property.

- Muthaura Mugambi Ayugi & Njonjo Advocates

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Court of Appeal Sounds Warning to Kenyan Banks Over Title Deed Forgery Syndicate

The Commercial Bank of Africa Ltd ( CBA ) has obtained a conservatory order at the Court of Appeal in Nairobi ( the Court ) restraining the Cooperative Bank of Kenya Ltd ( Co-op Bank ), Equity Bank Ltd ( Equity ), the Chief Land Registrar and other named Respondents from disposing or dealing in any way with a property in Riruta ( the Property ) pending the hearing and final determination of an intended appeal from the decision of the Environment & Land Court allowing Co-op bank to exercise its statutory power of sale as a first chargee of the Property.

- Muthaura Mugambi Ayugi & Njonjo Advocates
The Unclaimed Financial Assets Act: Revisited

Prior to the enactment of the Unclaimed Financial Assets Act No.40 of 2011, (“the Act”) unclaimed financial assets were left under the control of the various holders or such entities where such assets were held. With the operation of the Act, all entities are required to report, trace and deposit any unclaimed financial assets with the Unclaimed Financial Assets Authority (the “Authority”).

- Muthaura Mugambi Ayugi & Njonjo Advocates
Creating a Bigger Pie or Golden Handcuffs? Employee Share Ownership Plans in Kenya

A substantial number of companies have recently installed employee share ownership plans (ESOP) . Little is known, however, about how such arrangements work.

- Muthaura Mugambi Ayugi & Njonjo Advocates
Competition Authority Dawn Raids: A Survival Guide

1. Legal Context

- Muthaura Mugambi Ayugi & Njonjo Advocates
Blockchain Technology and its Role in Real Estate Transactions

The growth and popularity of blockchain technology is at an all-time global high and does not appear to be slowing down anytime soon. Courtesy of the versatility of its use and application, blockchain technology may have a newfound utility in the future management and registration of land transactions in Kenya. This is according to ICT Cabinet Secretary, Joe Mucheru.

- Muthaura Mugambi Ayugi & Njonjo Advocates
The African Continental Free Trade Area: Towards Increasing Intra-African Trade

Introduction

- Muthaura Mugambi Ayugi & Njonjo Advocates
Land Information Management System (LIMS)

The Ministry of Lands is mandated to administer land through efficient administration, equitable access, secure tenure and sustainable management of land resources.

- Muthaura Mugambi Ayugi & Njonjo Advocates
Creating a Bigger Pie or Golden Handcuffs? Employee Share Ownership Plans in Kenya

Tips to Consider When Setting Up an Employee Share Ownership Plan

- Muthaura Mugambi Ayugi & Njonjo Advocates
Revenue Sharing: A General Overview, its Benefits and Shortcomings in Leasing Malls and Retail Shops

Revenue sharing is the use of profits to enable separate actors develop efficiencies or innovate in mutually beneficial ways. There are many ways the revenue sharing concept is structured with the objective being sharing of revenue profits and losses between various parties. Revenue sharing is practiced widely in sports, manufacturing industries, advertising industries, private companies and malls/retail shopping centers. The International markets are embracing the concept of revenue sharing or turnover rent.

- Muthaura Mugambi Ayugi & Njonjo Advocates
Flying Commercial Drones Now Legal in Kenya

On 6 th October 2017, the government published the Civil Aviation (Remotely Piloted Systems) Regulations, 2017 which provide the legal framework for the use of Remotely Piloted Aircraft Systems, popularly known as drones in Kenya. Entrepreneurs and investors therefore have the opportunity to tap into a market which a PwC report estimates to be valued at over USD 127 Billion globally in such sectors as infrastructure, agriculture, transport, security, mining, security, media and entertainment amongst others. Already, African countries such as South Africa, Morocco, Cameroon, Rwanda and Malawi are exploring drone enterprises in these sectors.

- Muthaura Mugambi Ayugi & Njonjo Advocates

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